The Intelligent Mobility (IM) Accelerator, a partnership between Transport Systems Catapult and Wayra UK, is designed to attract disruptive start-ups with high-growth potential into the UK transport supply chain, while helping them grow into world-leading companies.
The programme will support two cohorts of six companies a year, based in Milton Keynes. It is supported by global technology consultancy ThoughtWorks and national railway infrastructure operator Network Rail, as well as Telefónica Smart Steps, the arm of Telefónica that is using data to help cities take a smarter approach to population flows and movement.
The programme is the first in the UK to cover the full range of areas related to Intelligent Mobility. Its goal is to develop companies who will develop data-driven solutions for the most pressing transport problems facing the world today, improving day-to-day life for millions of commuters while creating new UK-based industry leaders in the £900bn global transport systems market.
Businesses accepted to the programme will receive a six-month support programme, providing office space, mentoring and networking.
The successful start-ups will also get access to the partners’ networks of investors, government agencies, customers, large corporates and universities, as well as opportunities to work with the TSC’s world-leading Data, Visualisation, Customer Experience and Connected and Autonomous Vehicle capability teams.
Global transport systems are entering a period of radical change, driven by rapid technological advances in wireless communications, AI, alternative power trains, open data, the Internet of Things (IoT) and the rise in autonomous systems.
Customer attitudes, expectations and behaviours are shifting rapidly in response. Resources – whether for skilled people or finance – are increasingly pressed, infrastructure capacity is constrained and systems are becoming more complex and inter-connected.
There is also significant pressure to reduce emissions and improve environmental outcomes.
Intelligent Mobility (IM) will drive a radical overhaul of transport systems to redefine the future of transport. The UK is ideally positioned to take advantage and be at the forefront of this momentous new global market.
The IM Accelerator is focused on unlocking these opportunities and seeks to capitalise on this opportunity by catalysing those innovative businesses who will bring about the disruptive, challenging products and services of the future to unlock this potential and bring about this change.
With our partners, we want to create a world-leading transport accelerator that helps start-ups scale into global players.
The programme will invest in and accelerate start-ups tackling engineering challenges across selected focus areas: